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Emmasoft's Posts

Nairaland Forum › Emmasoft's Profile › Emmasoft's Posts

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Investment › Re: Mutual Funds by emmasoft(m): 7:54am On Jul 03, 2019
macodollar:
@emmasoft, do you work with any of the investment houses?
Investment one
Investment › Re: Mutual Funds by emmasoft(m): 7:54am On Jul 03, 2019
Abdin1:
Hello. My father recently retired; though he has not been paid his retirement benefits (still processing it), I am looking for good investment options for him. He has really suffered in this life, so I want him to enjoy the fruits of his labour. I spoke with a friend about this, and he said something about investing in mutual funds. Please I want to really know more about it and then I need advice on good options to take.
Like it's said don't put your eggs in one basket except if it's God's basket.
The best practice is to invest portions of the total funds into
1. Treasury Bills
2. Mutual funds
3. Bonds
4. Good dividend paying stocks
5. small business that is less stressful considering his age.
All the options will depend largely on the amount involved and the risk tolerance with all other things been equal.
Investment › Re: Mutual Funds by emmasoft(m): 7:37am On Jul 03, 2019
deleson:
Is anyone else not getting SMS notifications after logging in to the FBN app?

Also, interest from Monday and Tuesday are t reflecting till now.

Please drop your observations.
NB: It's end of a quarter, they are balancing their books with dividend payment or re-investment depending on option of clients. Most likely by today or before Friday you will see all the accrued interest in your account. Notice that if you opt for reinvestment of dividend by now you would have seen ii reinvested. Getting sms is normal when you login to your account.
Investment › Re: Mutual Funds by emmasoft(m): 10:35am On Jul 02, 2019
olusola11:
Thank you. I will go with the former. What is the email to scan my documents to?
mutualfunds@stanbicibtc.com and copy oluwaseun.abisoye@stanbicibtc.com
Investment › Re: Mutual Funds by emmasoft(m): 10:24am On Jul 02, 2019
olusola11:
Thank you Emmasoft. I just downloaded the form. Should complete and send it physically or is there a way i can send it via email along with other required document?
If it's not convenient to go to their office in VI, then complete the form scan and send with the kyc documents. But if it's convenient you can go to their office in VI with the completed form and kyc. for instant payment go along with your ATM card on submission of your form, your account will be opened immediately and you can deposit your funds using the pos right at the customer care.
NB: The office I mean is not a branch of Stanbic IBTC bank
Investment › Re: Mutual Funds by emmasoft(m): 9:44am On Jul 02, 2019
Investment › Re: Mutual Funds by emmasoft(m): 4:33pm On Jul 01, 2019
aremso:
Gurus, please if i want to top up, will the initial agreed % still be followed?
All rates are stated daily. Your top up will be affected by the current rate.
Investment › Re: Mutual Funds by emmasoft(m): 11:45am On Jun 29, 2019
ukay2:
Please can i get the account number of stanbic ibtc mutual fund.....Thanks
Name: FIRST TRUSTEESSIBTC/MONE MKT
Acct Number: 9202476223
Bank : Stanbi IBTC
Investment › Re: Mutual Funds by emmasoft(m): 10:57am On Jun 29, 2019
rOsy247:
No wonder the nonchalant attitude in the bank.

Please what's the process to top-up?
Dear Valued Client



We are pleased to inform you of changes to our additional subscription processes for your convenience and to enable us process your transactions more efficiently.



With effect from 01 June 2019, you are no longer required to upload the proof of payment on the website for additional subscriptions done via direct transfer. When initiating additional subscriptions through direct bank transfers (internet banking platform, mobile application or over the counter) you are simply required to indicate your E-account number as the reference/remark. An example of this reference is “1341012345”. Kindly note that all inflows received before 12 noon every business day will be given value the same day while inflows that are received after 12 noon will be given value the next business day.



The Fund Manager will not be liable for any delay or loss that may arise where the reference/remark for a bank transfer does not include the E-account number as such funds would be returned within 5 business days of receipt of funds.



Furthermore, please be informed that all additional subscriptions done via the online platform using credit/debit cards would be given value after two (2) business days upon receipt of funds.



Should you have any enquiry, please do not hesitate to contact us.



We thank you for giving us the opportunity to be of service to you.





Best Regards



The Fund Manager | Stanbic IBTC Asset Management Limited RC 209744 | The Wealth House | Plot 1678 Olakunle Bakare Close, Off Sanusi Fafunwa Street, Victoria Island, Lagos, Nigeria | Tel: +234 1 280 5595; 280 1266| email: mutualfunds@stanbicibtc.com | www.stanbicibtcassetmanagement.com
Investment › Re: Mutual Funds by emmasoft(m): 9:45am On Jun 28, 2019
ikechukz:
I went to Stanbic Bank yester to register for MMF, after filling the forms, the customer care representative told me that it might not be registered that day since it's already past 12pm, I waited the whole of today for confirmation mail and still nothing. Is that how they operate?
Although your account it will be done. However, if you want quick response deal with Stanbic Asset Mgt directly. Passing through the bank is like going through a third party. It's true they are in the same group but when it comes to core business their priorities differ. You can always complete the forms and send it as attachment to the email (mutualfunds@stanbicibtc.com) provided on the website of Stanbic Asset Mgt.
Investment › Re: Mutual Funds by emmasoft(m):
Phoenix68:
Thanks emmasoft. But into what account will I pay the money into?
acct name : FIRST TRUSTEESS/IBTC MONE MKT
acct number: 9202476223
Bank: Stanbic IBTC
Investment › Re: Mutual Funds by emmasoft(m): 9:50am On Jun 25, 2019
[quote author=Phoenix68 post=79642098][/quote]IBTC MMF no longer require upload of evidence of payment. Just quote your account number on the description on your deposit slip/transfer form
Investment › Re: Mutual Funds by emmasoft(m): 11:25pm On Jun 24, 2019
Emmaesty:
Hi guys.

I initially wanted to open a mmf with FirstBank but it looked like it would require me to visit their office physically so I opted for United Capital.

I was filling out the form online and stopped where I was asked to upload my passport,utility bill and signature which I did not have handy.

I cancelled the application but lo and behold, i received a mail stating that my account has been activated.

It contained my new account number and requested me to pay in some accounts. I am really confused at this point cause the mail said nothing else.

Please help
Note that when you complete online form you are working directly with the server of the organisation involved. It's not unlikely that the policy set on their server does not see KYC as a compulsory field required to open a new account. However the same server definitely will have another set of policies when redeeming and then KYC becomes a compulsory field which is the case for financial institutions. So I will advice you send your kyc to their customer care to avoid any denial when you are ready to access your funds. You can also double check to be sure the account name tally with what is given to you when transferring money into the given account, you can as well call the customer care rep.
Investment › Re: Mutual Funds by emmasoft(m): 9:26pm On Jun 11, 2019
netzro:
Good day fam.



I am using StanbicIBTC MMF as a savings account where I regularly subscribe using my GTB debit card.



I was sent an email and text informing me that my funds will be given value after 2 business days when ever I use my debit card to subscribe. There is an alternative as contained in the email I don't understand and will need help.



"Alternatively, you can make a direct bank transfer to our mutual funds’ bank accounts using your e-account number as reference/remark/narration. An example of this reference is “1341012345”. Kindly note that you are no longer required to upload your proof of payment on our website. In addition, all inflows received before 12 noon every business day will be given value the same day while inflows that are received after 12 noon will be given value the next business day"




Thanks in advance.
It's simple. All they are saying is this: If you want to have same day value for your deposit, make direct transfer of your fund before 12 noon on any business day via internet banking or your bank app if any and use your Fund account number as the description/reference /remarks/narration whichever term is used by your bank.
Investment › Re: Mutual Funds by emmasoft(m): 1:51pm On May 31, 2019
bozz007:
Just opened one with your link, what is the current rate?
current rate 12.97%. Thanks.
http://ibank.investment-one.com/mutualfund/dailypricelist/ionedpl.pdf
Investment › Re: Mutual Funds by emmasoft(m): 12:07pm On May 30, 2019
yungestmoney:
So FBN interest rate is 12.31, thought it was up to 13%
The rate is for Investment one
Investment › Re: Mutual Funds by emmasoft(m): 11:05am On May 30, 2019
Godrocks:
am having issues topping up my account with fbnquest I called this number I want to know if its affiliated with fbnquest and it is real
The mail was sent to me sometimes ago from FBNQuest. The numbers are official lines of their customer Care
Investment › Re: Mutual Funds by emmasoft(m): 9:29am On May 30, 2019
Godrocks:
how much will 300k give me daily?
Going by 12.31% presently, you get N36,930/year which translates to N101.18/day
Investment › Re: Mutual Funds by emmasoft(m): 9:43am On May 29, 2019
Godrocks:
how does this works am interested
It's simple. Complete the form online, attached the necessary documents (KYC) and in few hours your account will be opened. you can then transfer/deposit money into their account. you start to earn interest each day and the accumulated interest will be paid to your account at the end of each quarter or reinvested depending on your option during account opening. their physical address is at Maryland and VI in Lagos. you can also call 08181057319
Investment › Re: Mutual Funds by emmasoft(m): 10:54am On May 22, 2019
deleson:
Hello Investors,

Do you think it’s financially good to invest 2m in MMF?
If you are not ready to take much risk and no time to monitor day to day running of your investment MMF with a good fund manager is good to invest 2m or even more.
Investment › Re: Mutual Funds by emmasoft(m): 1:03pm On May 18, 2019
alex81:
what's the interest rate?
As at 17th May 2019, AMMF rate was 12.23% http://ibank.investment-one.com/mutualfund/dailypricelist/ionedpl.pdf
Investment › Re: Mutual Funds by emmasoft(m): 9:47am On May 17, 2019
yungestmoney:
Pls anyone with FBN should help with their present rate , thanks.
13.13% check https://fbnquest.com/asset-management

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